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Australian Securities Exchange (ASX)-listed graphite miner and processor Syrah Resources has signed two new offtake agreements with American active anode material (AAM) processors for offtake from its Balama mine in Cabo Delgado province. Balama is the world’s largest facility outside China producing natural graphite, which is far less emitting than its synthesised counterpart. Major new demand from US-based buyers would mark a sea change in its marketing, as in 2022 China made up 64% of Syrah’s sales by revenue.

Mozambique
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TSX-listed Global Atomic Corporation has told the market that progress at its Dasa uranium mine may be delayed up to a year by Niger’s 26 July coup d’état.

Niger
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The National Assembly on 8 August approved a revised mining code that allows the government to take a 10% free carried interest in projects and a further 20% within two years of commercial operations starting.

Mali
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Australian Securities Exchange (ASX)-listed Peak Rare Earths (PRE) said on 9 August that it had signed a binding agreement with China’s Shenghe Resources for offtake from its Ngualla rare earth project.

Tanzania
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ASX-listed miners Lotus Resources and A-Cap Energy plan to create a southern Africa-focused uranium player, with a portfolio including the mothballed Kayelekera mine in Malawi and the undeveloped Letlhakane deposit in Botswana

Botswana | Malawi
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London AIM-listed Kodal Minerals said on 3 August that it had received a $3.5m prepayment for its Bougouni lithium project from China’s Hainan Mining.

Mali
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Toronto-headquartered Tantalex Lithium Resources' United Cominiere SAS subsidiary has started to commission an alluvial tin and tantalum plant in Manono.

DR Congo
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Anglo-Australian mining giant Rio Tinto has signed an agreement with London Stock Exchange (LSE)-listed Aterian to become operator of the Kinunga lithium mining project in Rwanda.

Rwanda
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Sibanye-Stillwater is investing in wind and solar procurement to power its operations across South Africa, as the mining and metals multinational seeks to offset poor electricity supply from state utility Eskom and achieve decarbonisation targets.

South Africa
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Australia’s Danakali was, until recently, developing the Colluli potash project in the Danakil Depression region, 230km from Eritrea’s main port of Massawa. But chairman Seamus Cornelius told African Energy international sanctions had made it “incredibly difficult” to raise funds and develop the project.

Eritrea
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Leo Lithium requested a voluntary ASX suspension on 20 July, as it waited for correspondence from the Malian government over exports from its Goulamina project, amid speculation over a possible block on direct shipping ore, write Waly Dione Faye and Marc Howard.

Mali
Free

Australia Securities Exchange (ASX)-listed Walkabout Resources has finalised a senior debt facility with London-headquartered energy and commodities investor Gemcorp.

Tanzania
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Guangzhou-headquartered Tinci Materials will invest up to $280m to build a Moroccan lithium-ion battery input plant. Transition minerals developments are proceeding at pace in Morocco, which is Africa’s largest car producer and is looking to make inroads in electric vehicle production. Mineral processing is a key plank in the value chain. African Energy outlines the other significant transition minerals projects, which are in the works in Morocco.

Morocco
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London Stock Exchange-listed Tirupati Graphite has confirmed it is starting trial production at its 50,000 t/yr Montepuez graphite project in Mozambique.

Mozambique
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Australia Securities Exchange (ASX)-listed Leo Lithium has produced its first direct shipping ore (DSO) from its Goulamina lithium joint venture with China’s Ganfeng Lithium Group.

Mali | Côte d'Ivoire